Bond Royal Bank of Canada (London Branch) 0% ( XS2393297994 ) in USD

Issuer Royal Bank of Canada (London Branch)
Market price refresh price now   100.00 %  ⇌ 
Country  Canada
ISIN code  XS2393297994 ( in USD )
Interest rate 0%
Maturity 20/12/2061



Prospectus brochure in PDF format

Minimal amount 1 000 000 USD
Total amount 100 000 000 USD
Detailed description The Royal Bank of Canada (London Branch) is a subsidiary of Royal Bank of Canada, offering a range of financial services including corporate banking, investment banking, and wealth management to clients in the London, UK market.

A long-term bond instrument, identified by ISIN XS2393297994, is currently available in the financial markets, demonstrating a current market price at par (100%) and denominated in USD. This offering represents a substantial total issue size of $100,000,000, with a significant minimum purchase requirement of $1,000,000, positioning it primarily for institutional investors or large-scale private wealth management. The bond originates from Canada and carries a remarkably extended maturity date of December 20, 2061. The issuer of this particular bond is the Royal Bank of Canada (London Branch). Royal Bank of Canada stands as one of the world's leading diversified financial services companies and is Canada's largest bank by market capitalization. Operating globally, its London Branch serves as a vital hub for its international capital markets activities, including fixed-income offerings, corporate and investment banking, and treasury services, underpinning the institution's robust presence in the European and global financial landscape. The London Branch's operations are integral to RBC's strategy of providing comprehensive financial solutions to its global client base, leveraging its strong credit rating and extensive network. A key characteristic of this instrument is its zero-coupon rate, meaning investors will not receive periodic interest payments throughout the bond's tenure. While a payment frequency of two is specified, this refers to an internal or reporting metric rather than actual coupon disbursements, as the principal amount is solely redeemed upon the bond's distant maturity in 2061.
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